Dixons Carphone announce a maintained interim dividend of 2.25p

DividendMax Ltd.

Dixons Carphone announce a maintained interim dividend of 2.25p

The Dixons Carphone Board has declared an interim dividend of 2.25p per share. The ex-dividend date is 24 December 2019, with a record date of 27 December 2019 and an intended payment date of 24 January 2020.

Other financial highlights include:

Group adjusted profit before tax of £24m (H1 2018/19: £60m)

Group statutory loss before tax of £86m (H1 2018/19: loss of £440m)

UK & Ireland H1 Electricals revenue -1%, like-for-like revenue flat

o Q2 like-for-like -2% against tough comparatives

o Share gains online and in-store against market down -3% in H1

o H1 profits down as expected given investment in customer proposition

International H1 revenue +1%, like-for-like revenue +3%

o Q2 like-for-like revenue +1% 

o Share gains across all markets with strong online growth

o Profit growth driven by sales and operating margin improvements

UK & Ireland H1 Mobile revenue -18%, like-for-like revenue -10%

o In line with plan, guidance for £90m* loss for the year unchanged

o Traditional postpay market continues to be challenging, down -8% in H1

o Negative network debtor revaluation of -£26m

Companies mentioned